VA SB1374 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2019 - 25% progression, died in chamber
Action: 2019-01-21 - Passed by indefinitely in General Laws and Technology (10-Y 4-N)
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 8 2019 - 25% progression, died in chamber
Action: 2019-01-21 - Passed by indefinitely in General Laws and Technology (10-Y 4-N)
Text: Latest bill text (Prefiled) [HTML]
Summary
Condominium Act; penalties. Provides that any person who willfully violates any provision of the Condominium Act is guilty of a misdemeanor the penalty for which, for each such violation, is (i) a fine of not less than $1,000 or double the amount of gain from the transaction, whichever is greater, but not more than $50,000; (ii) a jail sentence of not more than six months; or (iii) the penalties in both clauses (i) and (ii). Under current law, this penalty is applicable to certain provisions of the Act, including failure to comply with filing and registration requirements, public offering statements, and escrow of deposits.
Title
Condominium Act; penalties.
Sponsors
Roll Calls
2019-01-21 - Senate - Senate: Passed by indefinitely in General Laws and Technology (10-Y 4-N) (Y: 10 N: 4 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-21 | Senate | Passed by indefinitely in General Laws and Technology (10-Y 4-N) |
| 2019-01-08 | Senate | Referred to Committee on General Laws and Technology |
| 2019-01-08 | Senate | Prefiled and ordered printed; offered 01/09/19 19100293D |
